China - page 3

Science & Technology

China Warns Japan of Consequences for Possible New Chip Restrictions

China has stated to Japan that it is ready to take restrictive retaliatory measures if Tokyo continues to reduce the scope of sales and service of equipment necessary for the production of chips.

News

Realme Plans 100 Million AI Handset Shipments in Coming Years

In China, the local smartphone manufacturer Realme intends to ship 100 million artificial intelligence devices over the next three years.

Finance & Economics

China Pledges Support for Green Finance

Last Tuesday, August 27, the Chinese government released a set of guidelines to ensure support for its largest economic zone through multi-level capital markets.

Science & Technology

IBM to Close Its China R&D Department

International Business Machines (IBM) Corp. is shutting down a key research division in China.

Fintech & Ecommerce

Where Are Contactless Payments Heading?

We all remember 2020 when the pandemic threat made contactless the new black. The fewer objects you touch, the less risk of infection. The payments industry was one of the most impacted sectors since cash was listed among the main virus transmitters. However, the world has rebounded from the Covid narratives and most economic sectors […]

Finance & Economics

DBS Leverages PBOC’s Carbon Emission Reduction Facility to Issue RMB 500M Green Loan

The green loan provided by DBS will help Envision Energy develop a 100-megawatt wind turbine farm in the Henan province in northeastern China.

Science & Technology

Analysts Say About China’s Lagging in Cut-Edge Chips Manufacturing

Data from a new study suggests that, as of today, China is about five years behind the world leaders in the area of high-end logic chip production and continues to be at a significant distance from the leadership in the semiconductor equipment manufacturing sector.

News

Lenovo Reports Earnings

Lenovo released data on its earnings in the last quarter, which exceeded preliminary expectations for growth in the corresponding indicator and became an example contributing to the strengthening of expectations that the computing industry will be able to receive a recovery boost due to global spending on artificial intelligence.

News

China’s Economy Fails to Rebound

In the current quarter, the downturn continues in the space of China’s economic system.

Science & Technology

Huawei Reportedly Readies New AI Chip to Challenge Nvidia in China

The media reports that Chinese technology giant Huawei is currently approaching the introduction of its new artificial intelligence chip.

News

China’s Consumer Prices Demonstrate Growth

In July, China recorded an increase in consumer prices, the pace of which turned out to be higher than preliminary expectations regarding the degree of intensity of this indicator.

Science & Technology

Ant Group Invests in AI Startup Mita

Ant Group led a funding round for the startup Mita Network Technology, which operates in the space of the artificial intelligence industry and specializes in the development of search engines and digital tools for writing texts.

News

Chinese Chipmaker SMIC Reports Q2 Earnings

Semiconductor Manufacturing International Corp (SMIC) on Thursday, August 8, released information on the financial results of its activities in the second quarter of the current year.

Finance & Economics

China Reports Exports and Imports Data

In July, China recorded an increase in imports, which exceeded preliminary expectations for the dynamic of this indicator, while the pace of export activity turned out to be less optimistic compared to forecasts.

News

Xpeng Raises $150M for Its Flying Car Project

Xpeng Aeroht, a subsidiary of Chinese energy vehicle startup Xpeng Motors, has secured $150 million in a Series B1 financing round to develop a flying car.

News

China to Focus on Consumption

In China, the local leadership has promised to pay high-level attention to stimulating consumer spending.